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ACQUISITIONS OF REAL ESTATE
 12 Months Ended
Dec. 31, 2011
RECENT ACQUISITIONS OF REAL ESTATE [Abstract]  
Business Combination Disclosure [Text Block]
ACQUISITIONS OF REAL ESTATE
During the year ended December 31, 2011, the Company acquired the following properties (in thousands):
 
 
 
 
 
 
 
Intangibles
 
 
Property
Type
City
State
Acquisition Date
Land
Building and Improvements
Tenant Origination and Absorption Costs
Tenant Relationship
Total Purchase Price
 
Texas Regional Medical Center at Sunnyvale
Acute Care Hospital
Sunnyvale
TX
May 3, 2011
$
4,020

$
57,620

$
970

$
90

$
62,700

 
Oak Brook Health Care Center
Skilled Nursing Facility
Whitehouse
TX
June 30, 2011
1,433

9,643

183

41

11,300

 
Broadmeadow Healthcare
Skilled Nursing Facility
Middletown
DE
August 1, 2011
1,650

21,730

350

70

23,800

 
Capitol Healthcare
Skilled Nursing Facility
Dover
DE
August 1, 2011
4,940

15,500

300

60

20,800

 
Pike Creek Healthcare
Skilled Nursing Facility
Wilmington
DE
August 1, 2011
2,460

25,240

410

90

28,200

 
Renaissance Healthcare
Skilled Nursing Facility
Millsboro
DE
August 1, 2011
1,640

22,620

360

80

24,700

 
Honey Hill Care Center
Skilled Nursing Facility
Norwalk
CT
September 30, 2011
1,722

6,125

122

31

8,000

 
Manokin Manor Nursing & Rehabilitation Center
Skilled Nursing Facility
Princess Anne
MD
September 30, 2011
1,953

7,811

195

41

10,000

(1 
) 
Wesley Woods Alzheimer's Care Center
Skilled Nursing Facility
Abilene
TX
November 1, 2011
883

7,642

144

31

8,700

(1 
) 
Windcrest Alzheimer's Care Center
Skilled Nursing Facility
Waco
TX
November 1, 2011
800

4,589

91

20

5,500

 
Creekside Senior Living
Assisted Living Facility
Green Bay
WI
November 22, 2011
257

2,292

41

10

2,600

 
 
 
 
 
 
$
21,758

$
180,812

$
3,166

$
564

$
206,300

 
(1) Includes $1.8 of deferred purchase price included in accounts payable and accrued liabilities in the accompanying consolidated balance sheets.

The tenant origination and absorption costs intangibles and tenant relationship intangibles acquired in connection with these acquisitions have weighted-average amortization periods with ranges of 10 to 25 years and 20 to 35 years, respectively.
For the year ended December 31, 2011, the Company recognized $10.3 million of total revenues from these properties.